Wafeer is a fintech company operating as the first financial wellness platform in the Kingdom of Saudi Arabia. Licensed by the Saudi Central Bank (SAMA) within its legislative Sandbox, Wafeer's mission is to foster a culture of saving and enhance financial awareness among individuals. The application connects to a user's bank account and uses smart algorithms to automatically deduct and save small, manageable amounts of money towards predefined financial goals, without impacting their lifestyle. This "smart saving" approach aims to make achieving financial security accessible and effortless for its users.

Founded in

Saudi Arabia